159 bankruptcies in week 17

Enterprises
159 bankruptcies in week 17

During the week from 25 April to 1 May included (week 17), the business courts pronounced 159 bankruptcies, resulting in a total of 470 job losses.

So the figures for week 17 reveal an increase in the number of bankruptcies and job losses in comparison with the previous week when they had significantly decreased due to a calendar effect.

During the first 17 weeks of 2022, the business courts pronounced 2,922 bankruptcies. This figure is 44.9% higher than in the first 17 weeks of 2021.

Job losses per bankruptcy are 18.6% lower in 2022 than in the previous year. During the first 17 weeks of 2022, 2.51 jobs were lost per bankruptcy while this ratio amounted to 3.08 in the same period in 2021.

The number of bankruptcies and job losses for the first 17 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 3,517 2,872 2,017 2,922 +44.9% +1.7% -16.9%
Job losses 9,988 7,962 6,211 7,328 +18.0% -8.0% -26.6%
Job losses/Bancruptcies 2.84 2.77 3.08 2.51 -18.6% -9.5% -11.7%

This is what emerged from the weekly bankruptcy figures produced by Statbel based on the orders of business courts. These interim weekly estimates make it possible to quickly observe the first trends.